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Eight ministerial candidates who will lead the Yoon Seok-yeol administration's first cabinet were announced yesterday (10th).

Among them, Choo Kyung-ho, a candidate for deputy prime minister for economy, will be responsible for formulating the new government's economic policy and leading it.

If we look at the stories of candidate Choo Kyung-ho so far, it is expected that they will go in the opposite direction from the current government policy.



Correspondent Jo Ki-ho covered it.



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Choo Kyung-ho, a candidate for deputy prime minister for economy, met with reporters after his nomination and set a sharp edge in the current government's economic policies, such as income-led growth.



[Cho Kyung-ho / Candidate for Deputy Prime Minister of Economy (Yesterday, press conference): Income-led growth is…

I came out with a term I had never heard of.

Does income increase only when there is growth, or does income fall from the sky?

.]



It was also made clear that the economy would be driven by the private sector.



[Cho Kyung-ho / Candidate for Deputy Prime Minister of Economy (Yesterday, meeting): As far as possible, the operation should be centered on the private sector and businesses, and the finances should be focused on protecting the safety of the people and caring for the socially disadvantaged, etc…

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Choo, who is also a member of the National Assembly, has consistently criticized the current government.



He emphasized that when it comes to real estate, multi-homeowners should not be viewed only as regulated entities.



[Cho Kyung-ho / Candidate for Deputy Prime Minister (Last 2020, 6th Preliminary Committee of the National Assembly): In Korea, public housing is supplied by the public at around 7%, but who is supplying cheonsei housing?

Is the multifamily a criminal or a speculator?]



It was also negative for the Korean version of the New Deal project of the current government, which has invested heavily in digital and eco-friendly industries.



Above all, I have been strongly wary of the situation in which the national debt is increasing.



[Cho Kyung-ho / Candidate for Deputy Prime Minister (Last year, National Assembly Finance Committee): In the age of 5,000 trillion, the national debt is being opened and I am very concerned about whether it is really possible to go on like this in a negligent perspective...

.]



He criticized that it should not be used additionally because the tax was collected more.



[Cho Kyung-ho / Candidate for Deputy Prime Minister (Last year, National Assembly Finance Committee): If additional tax revenues come in more than the government’s original forecast, we should reduce our debt a little, scrape everything we have…

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However, when it was pointed out that pushing for a 50 trillion additional budget for small business owners would increase the national debt, contrary to the candidate’s beliefs, he declined to comment on the specific size and contents of the supplementary budget, asking for some time.



(Video coverage: Kim Yong-woo, video editing: Park Sun-sun)